Shanghai-based shipping company LNG Power on 7 August placed an order for 200 LNG-powered vessels at Honghua Offshore Oil & Gas, according to Chinese shipping news site Eworldship.com.
These 200 vessels include 100 750 dwt ships, 50 950 dwt ships, and 50 1,350 dwt ships, with a total investment of CNY650 million (USD105 million).
This is the second batch of LNG-powered ships LNG Power has ordered this year, according to Eworldship.com.
The company ordered the first batch of 200 vessels at Qinfeng Shipyard in March 2015.
LNG Power plans to build 600 LNG-powered ships within the next three years, according to LNG Power chairman Zhang Weiguo.
The company’s fleet is mainly used for the shipment of construction waste, construction materials, steel and similar cargo in Shanghai.
This post was sourced from IHS Maritime 360: View the original article here.
